Hints and tips:
Related Special Reports
...This time last year, we used the Domino’s food item expenses listed in the company’s DEF14A proxy filings to calculate roughly how much pizza its leadership was snaffling: the results were both mind-boggling...
...The deal follows a wave of merger and acquisition activity in the US oil and gas sector, as companies seek to acquire dwindling drilling acreage....
...In September the US interior department unveiled plans to hold just three offshore lease sales in the Gulf of Mexico from 2025 to 2029 in a blow to producers’ ambitions in the oil-rich region....
...Yet the pace of oil production growth is set to slow in the coming years, as prime acreage runs low and Wall Street insists on shareholder returns over new drilling campaigns from energy companies....
...The deal would make Ithaca one of the biggest independent oil producers in the North Sea and could spur further consolidation, as companies seek scale to fund investment and the cost of decommissioning legacy...
...The deal is the latest in a series of large-scale merger and acquisition activity in the US shale patch as companies look to snap up the best remaining drilling acreage....
...US natural gas producer EQT has announced it would acquire a pipeline business it previously owned, creating a $35bn integrated company as a wave of merger and acquisition activity continues to roll through...
...Consolidation will, however, enable producers in the Permian to remain profitable even during commodity slumps....
...Biden’s calls for more drilling....
...The potential tie-up comes as a wave of merger and acquisition activity sweeps across the US oil and gas sector as companies look to build scale and bulk up on dwindling prime drilling acreage....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...The rich Nordic country is western Europe’s biggest petroleum producer but likes to tout its green credentials too....
...It is a stark contrast with three years ago, when the Covid-19 pandemic caused oil prices to plunge and drilling companies idled rigs and laid off workers....
...Like them, the new sports streaming companies hope that there is safety in numbers....
...The world’s biggest electric vehicle producer said net profit rose 81 per cent to Rmb30bn ($4.16bn) in the 12 months to the end of December, compared with analyst estimates of Rmb31bn, as the Warren Buffett-backed...
...The Midland-based company is acquiring a high-quality asset that will transform it into the third-largest producer in the Permian Basin of West Texas and New Mexico....
...Rising costs, labour shortages and a decline in output from new oil wells have added to producers’ caution in expanding drilling, they say....
...The US-based company confirmed in a statement “the suspension of all platform drilling”, blaming the “challenging UK macro environment with its increasingly costly and burdensome tax and regulatory regime...
...ExxonMobil plans to begin producing lithium in 2027 in a major strategic pivot, as the biggest western oil producer bets it can use its expertise in drilling and processing to become a leading player in...
...Earlier studies by McKinsey, including one that looked at 1,039 companies in 15 countries, have linked gender diversity to above-average profitability....
...In other news, Enviva, the largest US wood pellet producer, filed for bankruptcy yesterday after a bet on the high prices of the commodity following Russia’s invasion of Ukraine backfired, causing the company...
...He said the president was implementing policies that would result in “death by a thousand cuts” for the industry, citing his restrictions of drilling on federal lands, a pause on LNG approvals and tougher...
...For Rigas, the dangers for natural gas producers off Israel are not new....
...In the US, lands leased for oil and gas can also be used for geothermal drilling without having to apply for new permits....
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
International Edition